John Maynard Keynes Comes Out of Hiding in the UK
The Guardian’s columnist Will Hutton, a declared Keynesian, has expressed his astonishment at the Tory government suddenly abandoning its economic orthodoxy as the appropriate response to the coronavirus pandemic. His readers certainly remember the “Cameron-Osborne austerity” of only a few years ago, when Conservative economists, as they have done for decades, insisted that austerity was […] More
